Jim Rogers : 2012 is a very special year. Dozens of countries will have elections, including the United States, France, Korea, and Russia. The performance of these countries significantly affects the world economy. Usually governments increase spending in order to win the elections. The central banks will also print more money. Thus we will have more liquidity in the market. However, do not expect that the stock market will perform particularly well, since the global economy is still facing serious problems, such as the debt crisis and the growth slowdown. The rebound will be limited.- in Shanghai’s First Financial Daily
Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.
Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.
Friday, January 13, 2012
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Jim Rogers "the 19th century was the century of the UK , the 20th century was the century of the US , the 21 st century is going to be the century of China "
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